From our history of successful cases Assured Hotels can quickly understand the potential in either a trading business being sold as a going concern or a new hotel development opportunity, to support funding applications. Our focus in due diligence intertwines industry experts within operations and finance ensuring that the historical performance and forecast projections are reviewed in line with our expectations.
Our financial models are underpinned by controllable and manageable assumptions and where funding is required, allow the business to be easily sensitised so that any potential underperformance can be assessed against proposed bank covenant.
Budget projections will include all aspects of operational profit and loss, cash flow and balance sheet for an agreed period of years. This allows all stakeholders the ownership of a meaningful and comprehensive business plan in the critical first period.
For the acquisition of a business as a going concern, we can also provide a pivotal role in managing transition - a role that should not be underestimated.
Key aspects of the initial plan in either a trading business or a new development could include negotiating building and refurbishment contracts, managing staff recruitment to building or refurbishing a kitchen - Assured Hotels has the experience and expertise to support the plan. Through meticulous project management we will demonstrate the capability to help you realise the potential of your property.
Assured Hotels also offer pre-opening services; we will help you build your brand in the marketplace especially in the local area and online, ready for success on time by putting the structures and strategies in place. We will develop and implement a hotel business plan that will firmly position your hotel so that it guarantees a safe return on your investment.